Overview 

Staying compliant with International Standards of Quality Management (ISQMs) is critical for accounting firms, audit practices, and assurance professionals. This webinar highlights the importance of understanding and implementing ISQM 1, along with staying up to date with recent regulatory developments, inspection findings, and enforcement actions. Designed to provide practical insight into quality management systems, this session will explore the transition from ISQC 1 to ISQM 1, clarify the impact of related standards like ISQM 2 and ISA 220, and examine key findings from the IRBA’s latest reports. Accounting professionals will be empowered to evaluate and improve their systems of quality management, ensuring they remain compliant and prepared for inspections or regulatory scrutiny. 

Join Lettie Janse van Vuuren CA(SA) on the 16th of July 2025 from 10:00 am to 12:00 pm as she unpacks the critical updates to quality management standards, examines firm-level deficiencies, and provides practical guidance on implementing robust quality management systems across assurance and non-assurance engagements. 

Learning objectives 

Attending this webinar will equip you with the following skills:  

• Understand the key objectives, documentary requirements and key characteristics of Quality Management; 

• Recognise the major changes introduced by ISQM 1 compared to the previous ISQC 1 standard and understand their impact on your practice's Quality Management practices 

• Be aware of the requirements of ISQM 1 and the relationship to and impact of ISQM 2 and ISA 220; 

• Be aware of the latest IRBA Enforcement Report and IRBA Public Inspection findings regarding Quality Management – especially at firm level; 

• Be aware of relevant recent changes affecting Quality Management. 

Content 

The webinar will cover the following topics:   

• Introduction: 

  • Importance and Definition of quality management 

  • Applicability to various types of engagements and firms/practices 

  • Key characteristics and Key objectives of quality management 

  • Documentary requirements 

• Major changes introduced by ISQM 1 compared to the previous ISQC 1 

  • Quality Management vs Quality Control 

  • Impact on leadership 

  • Monitoring of your Quality Management systems 

• Requirements of ISQM 1 and the relationship to and impact of ISQM 2 and ISA 220 

  • Key provisions of ISQM  

  • Relevance of ISQM 2 and ISA 220 

  • The impact of Quality Management on engagements and the firm/practice 

  • Who is responsible for Quality Management and how to improve it 

  • How to set up a Quality Management System 

  • Examples of common firm-specific quality risks 

• Findings of recent IRBA reports on quality management: 

  • IRBA 2024 Public Inspections Report 

•   Key observations and recurring deficiency 

•   Root cause analysis & Remedial action 

  • IRBA Enforcement Report 

•  Non-compliance with international standards/requirements 

•  Learnings & Recommendations 

• Recent changes 

  • New IRBA QM Rules 

  • Future support by the IRBA 

  • Relevant articles by regulators and other relevant roleplayers 

• Conclusion. 

Obtaining your CPD certificate 

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA. 

All attendees are issued with a CPD certificate available in an online profile.   

Who should attend? 

The following persons will benefit from attending this webinar: 

• Practising accountants including: CA(SA), Professional Accountant (SA), AGA(SA), FCCA, BAP(SA), BA(SA) and ACCA. 

• Registered auditors. 

• Independent reviewers. 

• Trainee accountants. 

Price 

• R 450.00 - Online admission - Individual. 

• Group Price 1 - From R337 per person (up to 5 users)   

• Group Price 2 - From R260 per person (up to 10 users)   

• Group Price 3 - From R224 per person (over 11 users)  

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. 

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series). 

Click here to find out about the Technical Resource Centre & CPD Subscription options. 

Additional material 

By attending this webinar you will be provided with: 

• A summarised slide presentation. 

• Reference documents and/or course material where available. 

• You can ask questions during the webinar and you will also have access to the presenter after the webinar. 

Corporate training solutions 

At SA Accounting Academy, we recognise the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.  

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritise hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.  

Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organisational goals.  

Contact us   

Have any questions or need any assistance? Contact us today!   

• Online chat through our website.   

• WhatsApp: Start chatting (+27635026114)   

• Phone: 010 593 0466   

• E-mail: [email protected]